bad. i own it, i think it goes higher. just a quick market recap, as we heard from the president and chancellor merkel, the dow is down, interestingly exxon mobil in the energy sector new 52-week high today. that does it for us here. have a great weekend. "power lunch" begins right now. those are very nice chapeau over there. that is as big a number as we've seen in years, better there are some questions for the market and for the nation. the participation rate fell. we'll break apart the good and bad from this employment report. a violent corner is turned in ukraine. the ukrainian army surrounding a russian-controlled town before attacking. these are the images pro-russians fighting back with anti-aircraft weapons downing at

least one helicopter. there are cabots today on both sides. plus a new report from financial advisers. hi, ty. we start this hour with jobs in the usa. the market we actually may be muted for a couple reasons. low participation, and the new violence in ukraine and the real threat of war. the s&p 500 is still positive. nasdaq is positive by about a tenth of a percent, and the russell 2000 is positive as well. the ten-year note, the yield is 2.59%. bob pisani, kenny polcari are standing by, but first, steve,

that 288,000 created, enough to move the market, but it's the participation rate, the lowest we have seen in some time, that seems to be a bigger social sure. issue. >> i think this jobs report, at least the establishment side, the one that asks employers how many they hired, it's strong enough to prompt what i think is a rethink of the economy, maybe even fed policy for some. here are the numbers we're talking about, 288k can a margin revision of -- plunging unemployment rate from the household survey. that's the participation rate. you can see that falling down by quite a bit, with fairly anemic wages. now, here's what you need to know. we went into this number with 177. it's now 60,000 per month higher

than we thought it was. let's look at fed chair yellen's jobs dashboard. unemployment rate is lower, long-term unemployed is lower, but wage gains are flat, and didn't really fall very much. so two of the four things she's pointed us to to watch in terms of slack in the labor market, it's a split decision. here's where the jobs were and are. manufacturing, construction, up 44,000, with the bulk of that being construction jobs. retail up 35, professional services 75, temporary help has remained strong, and leisure and hospitality, apparently we are enjoying ourselves, so a have i strong employment superiority, but weaker household report. that will be something for the fed to consider. >> i know ben bernanke was very concerned about the participation rate and the social implications of it for the long-term unemployed.

how do you think the fed will feel about it at this point with the new fed chief? >> i think the fed will feel like normal human beings. then it also has to consider the monetary policy implications, which are if folks are dropping out of the work force, do they represent slack in the labor force? does that represent downward pressure on wages or not? if in fact what we saw was long-term unemployed because they didn't get unemployment insurance dropping out, then they're not going to exert slack. that means the labor pool may be tighter than we thought going into this report. >> steve, stay with us. kenny, the market reaction, i was surprised it doesn't hold earlier, but you think mart of the reason might be russia? >> i think the report, you know, on the face of it blew everybody away thinking, my god, what a

great number, but underneath you have the geopolitical, but then you have this push, and the fact that it hit some resistance there, i think the buyers started to back away a bit, which tells us we're still stuck in this range, investors are thinking there's probably a pullback coming. >> what do you think, bob? >> this is a difficult day for the traders. you know you're in trouble when your best sources call you and ask you what's going on. i had traders calling up and saying what's happening here? what happened was, first, confusion about the jobs report as steve beautifully laid out. beautiful number, but the labor force participation rate muddles the picture. in the middle of the day, all of a sudden we saw the stock market moving down, gold moving up, most people attribute that to mr. putin calling for a security council meeting on the ukraine, that that would be a potential figure leaf for him to potentially go into the ukraine. i know is sounds conspiratorial.

that's a big issue for the -- >> it's also a friday. >> and you also have the ukrainian election on may 25th, so there's some speculation on, you know, who's going to support who? >> and unfortunately ms. merkel and president obama doesn't really clarify that much. steve, you get the final word, either to today's report or the -- >> i think what we have seen is a classic snap back from the harsh winter weather. the 288,000 obviously has some snap back in it, but it also makes me think that trend growth is a little higher. i think that's good news for the economy. what i don't know and what po policy my guess is the market was looking for it, got it and yawn. >> agreed all around. thanks, guys. dominic chu has a market flash. >> let's take that discussion

deeper, the better than expected jobs report has many ask you when will the fed start raidsing rates? check out what's happen with utilities stocks. if rates do rise, a bit of an issue today, the duties aren't as attracted. it's the best performing index so far this year, but not today. among individual utilities, check on the intellingries, sempra energy, all moving to the down side. on the flip side, you have the banks, the powershares index moving higher. the big winners, keycorp, regions financial, zions, fifth third, a lot of these big banks, something to think about as the economy gets better, when things do name in the ukraine and rates start to act differently, you could see those start to come into more focus. back over to you. thank you very much. to the crisis in the ukraine

also impacting the markets today. ukrainian troops launching an offensive to take back an eastern town held by separatists. the pro-russians fought back. they were heavily armed with anti-aircraft weapons. they claim to have shot down two ukrainian helicopters. this is now video of ukrainian troops moving in after today's fighting died down. the town where the heavy fighting happened is still reportedly under pro-russian controls, but ukrainian troops have advancesed. russia is accusing eye crane's government of launching a criminal assault, calling for an emergency meeting at the united nations. president obama speaking today on the white house lawn after a meeting with german chancellor angela merkel. >> we want to keep open the issue of resolving it

diplomatically, but as angela merkel said, if we see the disruptions and destabilization continuings so severely that it impedes elections on may 25th, we will not have a choice but to move forward with additional, more severe sanctions. now, despite merkel's calls for unity on russia, germany may have some problem with harsher sanctions. 36% of germany's natural gascon assumption comes from russia. 39% of their oil comes from russia. talk about going over a well, christopher chivas is a senior political analyst with the rand corporation. good to see you. will russia use this attack on pro-russian forces, separatists, whoever they are, inside ukraine

as the provocation they were really looking for to attack and take territory from ukraine. >> i wouldn't be surprised at all, tyler, if that's what's going on. this is a strategy we have seen from russia before. the strategy is basically to aid and abet violence and turmoil and use it as an excuse for some kind of intervention. they probably will claim they're doing it on humanitarian grounds, but the reality will be that the large number of forces now poised on the border of eastern ukraine will move from russia into eastern ukraine. >> what is the end game here? what do you think will happen? will ukraine be split into two countries or what? >> it's very different to predict right now. i think there are a number of different possibilities. i should say that i think the russian preference would be to

solve this problem without resort to military force, but unfortunately it does seem that we are head indeed that direction so one possible outcome is, yes, you have highly autonomous regions in ukraine that are in a close relationship with russia. another possibility is you have those regions actually join russia, and of course the nightmare scenario is that russian forces move much further into western ukraine and create a much broader conflict. >> can sanctions from the west really cause putin to back down? >> i think that they can if they're of the right kind, which is why i think the so-called fehr 3 sanctions that are being discussed need to include sanctions on the gas and armed sectors. >> thank you very much, christopher. i suspect we'll be hearing from you again soon. >> thank you. the deteriorating situation is also having an impact on u.s.

businesses that operate in russia. ceos from major american companies were planning to attend putin's economic forum in petersburg, but some are now bailing out. eamon javers has that story. >> reporter: this is one of those issues that makes you wonder what it means to be an american company, quote/unquote in this global economy. the petersburg economic forum is coming up, and secretary jack lew and valerie jarrett at the white house have been calling american ceos, and asking them not to attend that event, so who is going and who is not going? that's all been confirmed now from white house spokesman jay carney. here's carney yesterday addressing a question about whether or not the white house in fact requesting ceos not to attend. >> we don't think it's appropriate, given the flagrant violations of the sovereign nation's territorial integrity and the consistent effort to

further destabilize ukraine, that it's the appropriate thing to do. >> let me run a list of who's going. we're seeing a lot of ceos peeling off. michael corbett. citi, klaus kleinfeld of alcoa, carl thomas newman. and james gorman of morgan assistantly, all not attending at this point, unlikely to attend, put lloyd blankfein in that category. still attending is dennis mulen berg of boeing. also attending local cnbc representatives will be at that conference in petersburg, so a very interesting dilemma for companies when the white house calls and asks you not to go to russia, do you go given this climate and your relationships in russia? a very tricky question for a lot of ceos. >> it sure is. to earnings chevron out with

hits quarterly numbers today, and profit at the nation's second largest oil producer, dropping almost 30%, and they missed estimates. revenues also falling short, dropping 6.5%. chevron blaming falling crude production, and pricing power. chevron stock flat since the start of the year, but up, but today down a bit more, ty, than a tenth of a percent. up to you. berkshire annual meeting is this weekend, but the party out there in omaha is already until way. one big issue, coax cola's pay package. becky quick moving this story forward today, talking to the person who first said it was a big problem. we will hear from that individual and becky, right after this. after this.er, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities

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the stock has taken a hit after the fda rejected its nasal form of therapy for epileptic patients. that stock is currently down about 10%, tyler. >> dominic, thank you. warn buffett's birk hers hathaway holding its annual meeting. our becky quick is there, a lot of news already coming out from the meeting, right, becky? >> reporter: that's right, ty. heading into this is one thing that everybody has been buzzing about, that's warn buffett's decision to sustain -- he abstained from the vote last week that kicked up a lot of

dust. we caught up with him last night and asked him more about that. and the management may not be doles those out? >> i wouldn't be surprised that they're going to look at it. with you could abstaining with a fair amount of no votes. what they authorized at least in the meeting the other day. they don't have to do it. they can spread it over a longer period of time. we'll see what they do. they've listened to shareholders before. i think maybe they'll listen again. >> have you talked to muktar kent? >> none of the directors? >> new york city another mean son. >> his son happens to be one of the directors. he voted in favor of that equity plan. warren buffett object stained

from voting against the plan, but did say they thought it was excessive. david winters is another longtime coca-cola shareholders, he brought up all these questions, started asking about how much it would dilute existing high pressure he said somewhere between 14% and 16%. while buffett agrees the plan is successful, he sees it as more of dilution. we -- david winters is also a longtime shareholder. we asked him one more time about the math. >> the math basically comes from the coca-cola document. you go to page 86, page 66 of the 106789-k, and you can slice and dice this however you want, but at the end of the day, the plan is excessive and not in the shareholders' best interests. >> here's what coca-cola has to say. they say that the company routinely interacts with shareholders to receive feedback

on any matters. we do not share specific details of those interactions. shareholders of the company voted strongly in favor of the plan with 83% of the votes cast supporting the plan, as has been our consistent practice. we will continue to seek input. while cola got the 83% of the shares. they got less of the majority, because so many were abstained. this is an ongoing conversation, i'm sure we'll hear more about it tomorrow when the shareholder meegts takes place here. back to you. >> thank you very much. well, coming up, do you know bethenny modda? your teenage killed probably does. neat the sensation taking over the facts and retail world by storm. she's got about 6 million subscribers, so find out which

teen retailers she believes are doing it right. that's coming up in just a moment on "power lunch." "power s at your ford dealer think? they think about tires. and what they've been through lately. polar vortexes, road construction, and gaping potholes. so with all that behind you, you might want to make sure you're safe and in control. ford technicians are ready to find the right tires for your vehicle. get up to $120 in mail-in rebates on four select tires when you use the ford service credit card at the big tire event. see what the ford experts think about your tires. at your ford dealer. with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason

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as well. all up about a person to 3% on the day, tyler. back over to you. dom, thank you very much. a volatile session, with, bob, not a ton of movement. the dow off a bit, but the s&p is basically flat, so is nasdaq. >> this has been a difficult day for the trading community. first we had an issue with how to interpret the jobs report. muddled by the low labor force participation rate. we were up, then the market mover, around 11:00, just before that eastern time, president putin calling for a security council meeting on the ukraine. a lot of traders felt this was a cover for potentially to move into the ukraine. that has moved the market down. we had another ripple effect with that, so it's been a tough morning. dollar went down, stock market went down overall. interest rate sensitive stocks,

even though the bond mark near its highs, interest rates like utilities, reits, telecoms, also to the down side. below the rain. papa murphy's also disappointing, though it's up now, and sue, aldeyra therapeutics has not opened yet. hopefully this afternoon. sheila is following the business movers on nasdaq. not much price change. >> that's exactly right. it's been a very up-and-down session, basically at flat levels right now earnings, though, are a big -- let's talk about expedia, the biggest loser on the nasdaq 100. sales and profits were up in double digits, analysts questions the quality of those

earnings, some of it might be lower margin business, so some questions about that. on the winning side, we do have sba communications, both profits and sales beating. quick tech on biotech, the risk-off mentality here, all biotech is down. here to interpret it to us, rick santelli. >> hi, tyler. wild times, though i have to say very orderly, and many technical issues, largely expected by many of the traders, look at the intraday of 10. open the chart up year to date. it's the same low as the low of the year virtually 257 is currently or 2014 low-yield close of the year. technicians say we're going to go through it. i can't say that i disagree. the longest guy on the curve, definitely comping, but will be comping to june for a while, because they traded close to 320

last june. if we look at 5s versus 30s, a new flattening, this means zero interest rates aren't in sync with the market's interpretation the last charge, the dollar index -- so everybody decided they were fixated on the structural implications. that rally dissipated quite quickly. tyler, back to you. >> rick, thank you very much. let's look at gold, having its best day in more than a month. bob pisani referred to some of the gold mining stocks. today gold is up 1860 an hour at 1302. that's a 1.4% move. silver also moving higher, copper up, palladium and platinum moving fractionally lower. >> thanks, ty. we had a strong jobs report. if the economy is beginning to pick up, what should you do? find more growth stocks? cut back on bonds?

two of the nation's top financial advisers will weigh in on that. plus how have americans changed their retirement planning? the results might surprise you. that and much more, straight ahead on "power lunch." ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ or how ornate the halls are. tall the building is, my mom works at ge. it doesn't matter if there are granite statues, or big mahogany desks.

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skechers now on session lows, this on -- investors are bailing out of the stock. the stock is currently down about 6%. still an interesting development for that particular shoe company. back over to you. cnbc releasing the results of the latest financial advisers surveys. americans have not dramically changed their retirement and investment programs following the great recession. according to cnbc digital's jim pavea said they're still planning to retire at the traditional age of 65 rather than deferring retirement to a later age. that's a mousseful.

digital financial adviser council. wealth management, of wealth health, and tim maher is director of personal finance at bam alliance. rich, let me start with you. are you finding what our findings found, that is that most investors haven't changed their anticipated age, what they're doing with their money to get there, and is that what you have counseled them to do? >> absolutely. i have not seen really any change. i think the constant has been just being there to psychologically make people comfortable throughout the last five years, and to stay a course, and let us do some of the changing >> are your clients less comfortable with equities than, say, 10, 15 years ago? are they influenced at all by flash boying and high frequency traders, and the ideas that the markets are rigged against them?

>> tim, how about you? are you counseling your clients to do basically what rich says, and that is to stay the course, go with a diversified portfolio, emphasize equities and maybe pear it back closer to retirement age. >> but it presumes you have developed a course. that you proactively determined the amount of risk you're willing to take, and that is established in your portfolio. when that is the case, the natural process of rebalancing, the natural way to buy low and sell high should pray itself out, but i will say this, guys. i do believe that the conceptual view that people have may be different than what they are starting to experience practically speaking. i do believe there's more

anxiety as they are transitioning into retirement, getting a feel for what that will look and feel like. >> i think a lot of baby boomers, born in 1954, you feel like i'm not ever going to fully retire, nor may i want to, but that's a whole other matter. tim, will you me ask you this. in the portfolios you manage for your clients, and i assume you do some of that, how big a part of that are individual stocks as opposed to mutual funds or etfs? >> tyler, you will tell you, in terms of the equity side of it, i believe there is very very little advantage to be gained from individual securities. my clients are utilizing almost entirely mutual funds as well as etfs in some cases that are passive asset class funds that let the market do what it is supposed to do. we take advantage of the premiums that small cap and value have given us historically, but we're not

trying to pick stocks and time the market. >> so, rick, the same question to you. in the portfolios that you run, individual stocks or etfs and funds? and how aggressively maybe is the wrong word, how much do you use index funds? >> we use them a lot of like tim, we use mutual funds and etfs. we do have some separate accounts in a portfolio also. that means basically just letting a manager buy individual securities within that asset allocation. it's similar to a mutual fund, but better pricing. >> you get your own mutual fund in effect. where the securities are picked specifically for you? >> specifically for you and your own individual account allows for better taxing, but on the whole, it's a focus on asset allocation across the multiple asset classes and not individual stock selection. >> rich, thank you very much. >> tim, always good to see you. ty, a question for you, does

the name betteny modda run a bell? chances you are yew daughter certainly knows who she is, so does wall street, silicone valley and the retail interest. >> hey, guys. i want the base of my channel to be about inner beauty and still feeling confident when you don't have makeup on. >> today i'm going to be doing a video, a room tour. >> hair hates bethany today. >> having over 5 million besties is blowing my mind, so thank you very much. >> let's get started. >> in 2009, a then 13-year-old bethany started blogging advice from her bedroom. five years later she has wrapped up half a billion viewers on youtube. more than lady gaga, vogue, glamour and elle combined.

and her very own aeropostal line. she hasn't peaked yet. she joins me at post 9. >> thank you. >> it's nice to have you here. >> thank you for having me. >> you have this wonderful relationship we are 'postal, and you've got helping them along in terms of the rapid way in which a retailer really has to respond to teens. so it's starting to work for aeropostal, but who else in the space do you think is succeeding, doing it right? >> i would say the whole kind of youtube community in general, the thing about youtube creators is that it's so relatable and so -- you know, it's something you build a relationship with your viewers. when i started my channel and started watching youtube videos, it was an outlet for me to express my create activity and opinions. i was relating to thinks girls in a way i never had before.

i just cool, because all these girls watch my videos. it means so much to me. i listen to what they have to say, i think it's that personal connection with these viewers online. i would say the youtube community in general. >> so let's bring in two analysts to talk more about the retail space. >> stacy whitlist joins miss, nice to have you here, ladies, well cup. >> you know, bethany mentioned the youtube audience, and how they're reacting to her usually, but what about the other retailers? how much are they plugging into social media, youtube and the like? are any of these doing it correctly? >> well, obviously some are doing it better than others. aeropostal has caught on some something here. we've seen coach do it. we've seen macy's do it. you may remember the burberry or

trench campaign that was incredibly successful. so there are brands that are using it and taking advantage of it. i think the teen space is ripe for the picking. you don't need these celebrities anymore. you don't need to pay them millions. you need a fashion expert like bethany who has an audience and can translate what she's hearing and seeing into the brands. stephanie, specifically last time when i was at the mall with you, we were talking about the blogging aspect of things and how that really has changed what teens buy on a very consistent basis. correct? >> absolutely. i think that's coming back to relatability. she's relatable, she's their age and lives a lifestyle that's very consistent with theirs. >> bethany, when you look at what's out there in the fashion world, what are the issues for some of the major retailers has been they can't change quickly enough. you have made the point that

fashion for teens changes very quickly. you know, in a matter of months you've moved on from one thing to another. do you think that the retail space, that the sports that are out there understand that yet? have come to grips with how quickly fashion changes? >> well, the thing is as far as my channel goes, i just talk about what i love. being a teenage girl, like i said, things constantly change. there is tons of trends out there. so basically on my videos, i talk about whether i'm currently loving, whether it's a trend or not. we are interested in the trends, but at the same time we just want what we love and what is, you know, fits our personality style. >> but can you philadelphia it out there? the majority of stores, or only in a few stores? >> i think there's a lot of stores out there that have a good amount of basket things and the things that are trendy. when i go shopping, i see all the current trends out there

already. i see the things that i'm going to keep for a long time and use for years. >> where do you shop? obviously you have a relationship with aeropostal. >> the think about me and my youtube channel, i shop at a lot of inexpensive stores. aeropostal, and growing up i shopped at forever 21, h & m, that offer current trends without spending a lot of money on them. >> thank you all. we're going to talk next about the unemployment rate dropping to its lowest levels since the financial crisis. where are the jobs out there? mary thompson knows, she's in malta, new york, upstate. hi, mary. >> hey there, sue, the jobs are in high tech and high paying. we'll have that story coming up after the break. and a low sex drive, i had to do something. i saw my doctor. a blood test showed it was low testosterone, not age. we talked about axiron the only underarm low t treatment that can restore t levels to normal

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as an employee owned firm we have the freedom and resources to create customized financial plans built to last, from generation to generation. we'll listen. we'll talk. we'll plan. baird. ♪ ♪ ♪ [ male announcer ] great rates for great rides. geico motorcycle, see how much you could save. there's been a subway derailment in queens, an f train on the way to brooklyn.

it may have a big impact on the asp commute. 1,000 people were on board the train. at least 19 people are reportedly injured, four seriously. we'll be watching that story as the afternoon evolves. dominic? >> tyler, check out shares of the crane operator and ice machine maker, falling to session lows after reporting weaker than expected earnings. you see there down about 10%. dom, security and rising wages in developing countries are among the big reasons that u.s. manufacturers are bringing production back home. in the latest in our series, mary thompson has ventured to malta, new york. >> reporter: tyler, a billion dollar packsage of tax incent i was lure -- new york state

pursuing companies, because research showed for every job in the facility there would be five additional jobs created in the local community. in global foundries opened the door of that facility back in 2012, it had to import more than half of its 2200 work force overseas as they were the ones familiar with the multimillion dollar machines needed to make computer ship. now global foundries is looking to add 600 to 800 more workers by year end, most from this region. >> we're focused on veterans. about one third of the hires will be new college graduates, so that's 200 out of the 600. >> the workers most in need technicians. they typically have associate's degrees and are the mr. fix-its. they maintain and service the hundreds of machines that are used in the more than is,000 steps that it takes to make a single computer chip, about 500 of them on this silicon wafer

here. machines like this one you see here are expensive. they cost anywhere from 2 to 100 million, so as don garrison, head of technically training will tell you, to work on these machines, it requires an individual with a very special set of skills. >> so we need people in that that can kind of have that attention to detail, to be able to work on a piece of equipment that's that expensive, but also be efficient enough to get it up and in time. every minute it's not operating, is revenue for the company. >> the company makes chips for 150 clients. it's worked with local community colleges as well as high schools to spread the word about the opportunities and to get the schools more focused on providing the training needed for these jobs, and they're good jobs. entry-level technicians can earn about $22 an hour, and the average salary for global

foundries worker is $90,000 a year, plus benefits. those are welcome jobs here in a region of new york bleeding jobs for decades. coming up on "closing bell" we'll meet two of the new hires, so student for that. back to you. >> thank you very much, mary thompson. it is pow you are rundown time. joining me is kreismt off the national urnen league, and ron christie. gentlemen, nice to have you here. we'll get started in just a second. first we're going to look at the yahoo question of the day. the latest jobs report gave mixed signals, what is the most important factor for jobs recovery. 52% say the participation rate. 35% say monthly job creation and 14% say the four-week moving average. ron, i saw you shaking your head in agreement to the participation rate. pretty shocking numbers. shocking, 62%, in other words,

the lowest rate since 1978, so there are a lot of people who will say, okay, this is a great jobs report, a strong number. i say, no, we lost 800 thousands, i think we still have more to go. >> and the second time running, mr. mayor, that participation rate has gone down. >> and i think we're all concerned. let's say this. now we have a three-month aench over 200,000 jobs being created per month, which is up from the ample in 2012. so clearly job creation is beginning to look up. notwithstanding the employment rate, we have an economy xh seems to be thawing a bit. i look at that as a positive sign for the future. >> do you agree? >> no, i don't. if we're talking about a couple hundred,000, we've lost nearly a million this past month, so i think the economy is still very weak. i think there's more the administration can do.

we need to approve the keystony pipeline. there's many tapes the government can take to get out of the way. >> and the passing the transportation investment bill would be a good sign, but i think it's important, sue, we've been doing this every month for a long time. this is probably the best report on job creation we have seen. so let's say that this is a better report, but the economy has a long way to go. >> let's move to the g geopolitical front, gentlemen, if we could. holds a joint press conference. you saw it here on cnbc, showing a united front dealing with russia and president putin. ron, however, mr. putin seems to be calling a lot of the shots here. are they going about it, the president and ms. merkel, are they going about it the right way or not? >> i think this is too little too late. i think the united states had the opportunity to work with european allies, so much are

their guests, and many our allying, we could have -- i think vladimir putin is doing -- and he's continue to continue to thumb his nose at the west, he's doing what he wants. >> i think the president is doing exactly what he should be doing, working with our european allies, working with the united nations, and like teddy roosevelt, he's speaking softly and carrying a big stick. some people want him to speak loudly and carry a twig. i think he's exercising diplomatic force and i think economic force, certainly with the chancellor and the president talked about today was a new, if you will, regime sanction iing there's unsettlement about how the sanctions might affect europe. >> exactly. she doesn't have a big constituency there that is in favor of it. let me turn you to the sterling controversy and the nba. leon jenkins, the chapter

president resigning amid backlash to give a lifetime achievement award to the clippers owner. we want to take it from the money angle. should the naacp given back donations they have received from past years from mr. sterling. is his money now tainted? >> if they don't give it back, they should donate it to charity. i think it's painted. i applaud the commissioner for making a firm statement, a bod move. >> i think leon jenkins did the right thing by stepping aside. i think certainly going forward what's important is to focus on sterling and the nba. i want to really take my hat off to adam silver. he exercised a nuclear option. he clearly as a coalition of owners behind him. what will come out there i think is increased scrutiny, if you will, there's got to be more transparency about a code of conduct for owners of professional sports teams. the players, the referees, are

all subject to codes of conduct. this is going to, i think create a larger krfgs going forward. i think adam silver did the right thing. >> see, we agreed. i knew there would be something to agree. >> perfect place to leave it, guys. thank you very much. always a pleasure. ty, up to you. sue, pfizer turning up the heed on the plan to buy astrazeneca. we have the details after this short break. ♪

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pfizer racing its bid, but the drug maker rejecting it, calling it inadequate. there are the shares right now. that's not $80. estay lauder out with earnings, the cosmetic maker beating estimates and shares moving higher. a mixed quarter for cvs, profit up 18%, beating on the bottom line, missing on the top line, moving a little higher on the market. three of the biggest winners in today's session. we'll have that when we come back, but first, mandy? >> happy friday to you, ty. which economy is it? so many mixed indicators make it

really heart to get excited about the jobs report. also job losses, the big fear and that potential pfizer/astrazeneca deal, and then they're northeasterly the only deal out there. and also, a "shark tank" success story, and we have the cake to prove it. stick with us. stick with us. know what the experts at your ford dealer think? they think about tires. and what they've been through lately. polar vortexes, road construction, and gaping potholes. so with all that behind you, you might want to make sure you're safe and in control. ford technicians are ready to find the right tires for your vehicle. get up to $120 in mail-in rebates on four select tires when you use the ford service credit card at the big tire event. see what the ford experts think about your tires. at your ford dealer.

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all right. let's look at the markets. the dow and s&p 500 right around the lows of the trading session. if they hold at the close, both the dow and s&p 500 would see their first become-to-back losses in some three weeks. three winners to tell you about right now, wynn resorts knocked it out of park. mohawk industries also on the plus side by a very strong 5.7%, and motorola solutions is up by about 4% on the trading session. ty, we should know that yields on the ten-year note, ty have been moving downwards. a lot of people are worried about the possible geopolitical considerations over the weekend. >> that's exactly right, sue.

i think that's one of the reasons why both gold is up and the yield on the note is down, as rick santelli pointed out, basically down to roughly where we began the year. anyhow, that would do it for another wonderful week of "power lunch." thanks for watching. >> have a great week jepd. "power lunch" is over. "street signs" begins right now. we humfully present to you, folks, a two-handed friday. on the one hand a much better than expected jobs number. on the other hand, russia and ukraine looking more like violence will escalate. hello, everybody. we have a deep dive into whether the jobs number was as good as some say. it halves a debate that has everyone talking. plus the maybook, and the sweetest "shark tank" profile that you have ever seen. >> let's look at the action